The Gates Foundation says Bill Gates will not deliver his keynote at India's AI Summit after “careful consideration”, amid controversy over his Epstein ties
Cherylann Mollan /BBC:
Inside India's AI Impact Summit: 300+ exhibitors, 500 sessions, 250K visitors, billions in investment, and entrepreneurs touting solutions to real-world issues
The event promised to be a global coming-out party for India's artificial intelligence aspirations.
India's AI Summit: Modi orchestrated a photo op with tech and business leaders holding hands in a line, but Sam Altman and Dario Amodei refused to clasp hands
Once a rival, always a rival. — As Prime Minister Narendra Modi kicked off the busiest day of India's AI Summit in New Delhi …
India-based AI cloud startup Neysa plans to raise up to $600M in equity led by Blackstone, plus $600M in debt, to deploy 20K+ GPUs in India for AI training
A group of investors led by Blackstone Inc. plans to make an equity investment of up to $600 million in India's artificial intelligence cloud startup Neysa.
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
SoftBank reports Q3 net profit of ~$1.6B, below est., and Vision Fund posts a ~$2.4B gain, after a ~$4.2B gain in its OpenAI investment helped it offset losses
SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in some of its other bets.
A study of 596 Indian high-tech startups suggests that homegrown entrepreneurs fare better over the long run than returning diaspora with overseas experience
India's fiercely competitive startup field has provided evidence to suggest that homegrown entrepreneurs fare better over the long run …
A US bankruptcy judge ordered Indian edtech startup Byju's founder Byju Raveendran on Nov. 20 to pay $1B+ to US lenders, over missing funds from Byju's US unit
Byju Raveendran, the embattled founder of Indian ed-tech giant Byju's, has blasted a U.S. bankruptcy court's order directing him to pay more than $1.07 billion.
Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move
not for crypto, but to scoop up more secondaries https://www.bloomberg.com/...
Accel registers with the US SEC as an investment adviser to tap private markets, joining Sequoia, a16z, Bessemer, and other VC firms that made a similar move
not for crypto, but to scoop up more secondaries https://www.bloomberg.com/... Madhav Chanchani / @madhavchanchani : 🚨 Accel is changing its structure like other top Silicon Valley...
Indian food delivery company Swiggy files for an IPO in India, a source says targeting to raise $1.25B at a $15B valuation; Swiggy was valued at $10.7B in 2022
Indian food delivery company Swiggy files for an IPO in India, a source says targeting to raise $1.25B at a $15B valuation; Swiggy was valued at $10.7B in 2022
Indian food delivery company Swiggy files for an IPO in India, a source says targeting to raise $1.25B at a $15B valuation; Swiggy was valued at $10.7B in 2022
Koo, an Indian rival to X that had raised $60M+ from Tiger Global, Accel, and others, shuts down after last-resort acquisition talks with Dailyhunt collapsed
The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk's X, is ceasing operations …
Filings: SoftBank's Vision Fund's US portfolio has shrunk by almost $29B since the end of 2021 as, sources say, Masayoshi Son plans forays into AI and chips
Masayoshi Son turns away from aggressive style of venture capital investing, leaving the fund's reduced staff as mostly caretakers.
Chennai-based CRM software maker Freshworks redesignates CEO Girish Mathrubootham as the executive chairman and names Dennis Woodside as his replacement
as a toddler trying to walk, a child growing really fast, and a teenager growing stronger. The emotions running through my mind are similar to a father experiencing his beloved dau...
Filing: MobiKwik, a Peak XV-backed Indian payments and digital wallet provider, seeks to raise ~$84.2M in an IPO, and plans to raise ~$16M in a pre-IPO round
Manish Singh / TechCrunch :
Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024
and a map of his empire Kul Bhushan / Entrackr : Tiger Global's private investment head Scott Shleifer steps down Connie Loizos / TechCrunch : Tiger Global chieftain Scott Shleifer...
Bengaluru-based fintech Slice, which was valued at ~$1.5B in 2022, secures a rare approval from India's central bank to merge with North East Small Finance Bank
Manish Singh / TechCrunch :
GGV, which has backed companies like Alibaba, ByteDance, Xiaomi, and Didi, splits into Asia and US units; in July, the US asked about GGV's holdings in China
Move follows similar decision by rival Sequoia Capital and Biden order to limit American investment in Chinese tech